GSEs Issue New Guidance on RON, Powers of Attorney

In response to the COVID-19 pandemic, Fannie Mae and Freddie Mac modified their single-family seller guides including temporary requirements for remote online notarizations (RON) and powers of attorney. Remote Online Notarization The new RON requirements for both the government sponsored entities go into effect immediately. The requirements between Fannie and Freddie have slight differences, but

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Finding Diamonds in the Rough

While in high school, Amy Gregory joined a job-training program. Students who landed a business job got the perk of leaving school early. The Brandon, Fla., native answered an advertisement from a local title company. The interview went well, and she started as a part-time receptionist during her junior year of high school. “My original

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Closure of Non-Essential Businesses and Prohibition on Large Gatherings During Public Health Emergency for the 2019 Novel Coronavirus (COVID-19)

Mayor’s Order 2020-053 Click on Link:  https://bit.ly/3bEHKpl Disclaimer: “This announcement and the materials and notices provided, referenced, and/or made available on this web site are for informational purposes only and not for the purpose of providing legal, underwriting, or other advice. You should contact your attorney or underwriter to obtain advice with respect to any

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NNA Develops Health Disclosures for Signers, Borrowers

Keeping everyone safe during the closing process is vital amid growing concerns over the coronavirus (COVID-19). Among the developments is a new recommended best practice from the National Notary Association (NNA) that both Notaries and signers/borrowers complete a disclosure prior to each individual signing. The disclosures, which will have questions about recent travel and if

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Title, Settlement Companies Develop Safe Closing Protocols

Recent concerns relating to the COVID-19 (coronavirus) has generated significant public attention and changes in guidelines prescribed by health officials such as the CDC and the WHO. Title and settlement companies across the country have developed protocols to ensure healthy and safe closings in the wake of this uncertainty. Among the measures include hand sanitizer

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Common Issues Your Businesses May Encounter

The U.S. Small Business Administration says companies may have to contend with these issues during any crisis: Capital Access – Incidents can strain a small business’s financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options

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Help for Businesses

Treasury Secretary Steven Mnuchin said U.S. officials are committed to ensuring that financial firms and businesses facing disruptions related to the coronavirus have access to liquidity. The Fed has said it would make vast sums of short-term loans available. In addition, the U.S. Small Business Administration (SBA) announced that it will offer disaster assistance loans

Protect Email by Disabling Auto-forward

There are legitimate reasons why a company may allow auto-forwarding of business email. However, most of the time the best course of action is to simply disable this functionality. Through phishing attacks, hackers can gain access to a user’s mailbox and can forward email to an outside address and steal information. Turning off the auto-forward

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